Anyone follow this stock.
Some interesting announcements made today...
Sydney - Tuesday - August 26: (RWE) - An Australian
biotechnology company today announced an exciting new discovery which
may lead to early diagnosis of Type 2 diabetes, also known as adult
onset diabetes.
AGT Biosciences Ltd has found that people born with a variation
of the PARL gene have a much higher risk of developing Type 2 diabetes.
The importance of this variant increases significantly as people
age.
Australian Science Minister Peter McGauran today announced the
discovery at AGT Biosciences in Geelong.
"Diabetes currently affects one million people in Australia and
120 million worldwide.
"This new research is a breakthrough in understanding what
causes Type 2 diabetes," Mr McGauran said.
"Adult onset diabetes is on the increase. This is the biggest
single contributor to the disease ever found at a genetic level.
"The implications of this breakthrough will mean tests for early
prognosis and may eventually lead to an improved treatment for Type 2
diabetes," said Mr McGauran.
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